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The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 7.0686 for Thursday’s session, compared with Wednesday’s fix of 7.0753. The slightly stronger yuan midpoint continues the central bank’s measured approach to guiding the currency amid ongoing economic and market developments.
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West Texas Intermediate (WTI) crude is trading near $58.70 in
USD/CAD is consolidating in a tight range below 1.3800 during
The US Dollar Index (DXY) is trading weaker near 98.55